Re: IRS in letter? illegal? WhyChat??
[ Follow Ups ] [ Post Followup ] [ Credit Forum Index ]
Posted by LadynRed
(184.108.40.206) on November 15, 2003 at 14:49:52:
In Reply to: Re: IRS in letter? illegal? WhyChat?? posted by Why Chat on November 15, 2003 at 14:30:33:
To add to WhyChat's usual excellent advice, a 1099-C doesn't have to be reported as income if you can prove insolvency when the debt was 'forgiven'. Its not that hard to prove insolvency either.
Post a Followup